Banking & Commercial Loan Workout Manager jobs in Burlington, VT

Banking & Commercial Loan Workout Manager manages a staff of professionals in restructuring problem business banking and commercial loans. Develops strategies to assist lenders and borrowers in establishing collateral, equity, or other assets. Being a Banking & Commercial Loan Workout Manager may require a bachelor's degree. Typically reports to a director. The Banking & Commercial Loan Workout Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be a Banking & Commercial Loan Workout Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)

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Commercial Banking Officer 3
  • Community Bank System, Inc.
  • Williston, VT FULL_TIME
  • Overview

    At Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.

    Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day.

    To ensure our people can enjoy long and successful careers here at CBSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.


    Responsibilities

    A Commercial Banking Officer will perform a variety of duties to meet the commercial service needs of business customers and will include some lending authority. This position requires an employee able to develop new business relationships with prospective customers and maintain continuous business relationships with present customers. A valid drivers license is required.

    • Solicit new business from present and prospective customers
    • Maintain ongoing business relationships with present customers in order to take advantage of additional cross-selling opportunities
    • Provide sales information on a timely basis in order that this information may be included as part of customer service and sales performance reports
    • Monitor individual sales performance versus objectives on a regular basis and discuss performance with appropriate supervisor on a frequent basis
    • Serve as a member of the Bank's sales team (e.g., Branch Manager) and make group sales calls where these types of calls will improve the opportunity for new business development
    • Maintain a thorough knowledge of the features and benefits of all bank commercial products and services in order to ascertain customer needs and to sell in conjunction with these needs
    • Provide direct service to commercial customers of the bank with respect to deposit, loan, and other miscellaneous products and services
    • Approve or reject loan applications within individual lending authority
    • Assist customers in obtaining specialized services from other bank departments as necessary and provide help to customers with specific inquiries or service problems
    • Maintain a working knowledge of bank operating policies and procedures which impact commercial services
    • Prepare and maintain accurate records of all customer service calls and meetings made with present and prospective customers
    • Provide quality service to internal and external customers
    • Demonstrate cooperative efforts in working with other departments and within own department
    • Jointly establish annual quantitative customer service and sales objectives with assigned supervisor; this activity to be integrated with the Commercial Lending Department's annual operating plan
    • Comply with established operating policies and procedures in order to maintain adequate controls and to support the Bank's adherence to outside regulatory requirements
    • Communicate with management and staff personnel in order to integrate goals and activities
    • Respond to inquiries relating to his/her particular area, or to requests from other bank personnel, customers, etc., within given time frames and within established policy
    • Maintain appropriate records and provide assigned reports.
    • Monitor and review accounts for appropriate risk rating to avoid risk rating changes by loan review, the Office of Comptroller of Currency (OCC) and other loan review processes.
    • Provide guidance, on-the-job training and technical assistance to Commercial Loan Officers 1(s) and 2(s)
    • Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all job-specific training requirements in a timely fashion.
    • Perform other related duties as assigned or directed

    Qualifications

    • Ideal candidate should have a minimum five (5) years experience in related positions.
    • B.S. or B.A. Degree in a related field preferred
    • Specialized banking education and training
    • A valid drivers license is required.
    • Proficient reading, writing, grammar and mathematic skills
    • Proficient interpersonal relationship, communication and sales skills
    • Thorough knowledge of the features and benefits of all bank commercial products and services
    • Working knowledge of bank operating policies and procedures which impact commercial services

    Other Job Information

    Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

    Physical Requirements:

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

    An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.


    Minimum

    USD $92,000.00/Yr.
    Maximum

    USD $155,915.00/Yr.
    Community Bank System, Inc. is an Affirmative Action, Equal Opportunity Employer who fully embraces diversity - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.

     

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Commercial Banking Assist
  • Passumpsic Savings Bank
  • Saint Johnsbury, VT FULL_TIME
  • Passumpsic Bank is looking for a bright, energetic and highly motivated individual to join our organization as a Commercial Banking Assistant. Are you a detail oriented, self motivated and self direct...
  • 12 Days Ago

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Commercial Loan Officer
  • COMMUNITY NATIONAL BANK
  • Saint Johnsbury, VT FULL_TIME
  • Commercial Loan Officer- Caledonia County, VermontCommunity National Bank seeks an experienced Commercial Loan Officer for our Caledonia County market and surrounding areas.Successful candidate will f...
  • 1 Day Ago

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Commercial Loan Assistant
  • COMMUNITY NATIONAL BANK
  • Derby, VT FULL_TIME
  • Location: Preferably in Derby, VT. Home office could be at a branch office location. COMMERCIAL LOAN ASSISTANT BASIC SUMMARY: The Commercial Loan Assistant provides general clerical and administrative...
  • 7 Days Ago

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Commercial Loan Credit Analyst I
  • Union Bank of VT/ NH
  • Morrisville, VT FULL_TIME
  • DescriptionAbout usAs one of the oldest, independent community banks in Vermont, Union Bank has a longstanding reputation for investing in the success of our customers and communities. Founded in 1891...
  • 7 Days Ago

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Business Banking Relationship Manager
  • Manufacturers and Traders Trust Co
  • Burlington, VT FULL_TIME
  • Overview: Responsible for an assigned portfolio of loan and deposit relationships with small business clients. Solicit new business; manage risk and credit decisions; and service existing clients thro...
  • 1 Day Ago

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0 Banking & Commercial Loan Workout Manager jobs found in Burlington, VT area

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Commercial Manager
  • AtkinsRealis
  • South Burlington, VT
  • The Commercial function provides advice on and analysis of commercial risks in the business, commercial sales and procur...
  • 3/28/2024 12:00:00 AM

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General Manager in Training
  • Autopart International, Inc
  • Burlington, VT
  • Location: Location: General Manager in Training in South Burlington, VT at Advance Auto Parts **Location:** 861 Willisto...
  • 3/28/2024 12:00:00 AM

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Sr Director, Customer Engagement 6-8 contract (industry experience, Remote)
  • Syneos Health Careers
  • Morrisville, VT
  • Description Senior Director, Customer Engagement (6-8 months contract) The Sr. Director, Customer Engagement is a leader...
  • 3/28/2024 12:00:00 AM

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Admin Support Specialist
  • Konica Minolta Business Solutions, U.S.A., Inc.
  • South Burlington, VT
  • Overview: SymQuest a Konica Minolta company currently has an exciting opportunity for an Administrative Support Speciali...
  • 3/28/2024 12:00:00 AM

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Customer Service Specialist
  • Adapt Health LLC
  • South Burlington, VT
  • AdaptHealth Opportunity - Apply Today! At AdaptHealth we offer full-service home medical equipment products and services...
  • 3/28/2024 12:00:00 AM

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Admin Support Specialist
  • Konica Minolta Business Solutions
  • South Burlington, VT
  • Overview SymQuest a Konica Minolta company currently has an exciting opportunity for an Administrative Support Specialis...
  • 3/28/2024 12:00:00 AM

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Route Service Supervisor - UniFirst ($3,000 Sign On)
  • UniFirst
  • Winooski, VT
  • New Hire Incentive Bonus! UniFirst's Winooski, VT location is now offering an incentive bonus for Route Service Supervis...
  • 3/26/2024 12:00:00 AM

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Chief Financial Officer
  • Greensea IQ
  • Burlington, VT
  • Greensea IQ is a dual-use robotics company transitioning mature solutions developed for and by the defense industry to t...
  • 3/25/2024 12:00:00 AM

Burlington is the most populous city in the U.S. state of Vermont and the seat of Chittenden County. It is located 45 miles (72 km) south of the Canada–United States border and 94 miles (151 km) south of Montreal. The city's population was 42,452 according to a 2015 U.S. census estimate. It is the least populous municipality in the United States to be the most populous incorporated area in a state. A regional college town, Burlington is home to the University of Vermont (UVM) and Champlain College, a small private college. Vermont's largest hospital, the UVM Medical Center, is located within t...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Banking & Commercial Loan Workout Manager jobs
$165,246 to $237,477
Burlington, Vermont area prices
were up 1.6% from a year ago

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